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HK Shares Hit a Month High on Unveiling New Chip, AI Model Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=2669190293","media":"Reuters","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2669190293?lang=en_us&edition=fundamental","pubTime":"2026-09-22 11:20","pubTimestamp":1790047202,"startTime":"0","endTime":"0","summary":"BUZZ-Alibaba HK shares hit a month high on unveiling new chip, AI model plan** Hong Kong shares of Alibaba Group9988.HKsurge 5.1% to HK$118.3, their highest level since August 21** Stock set for biggest one-day pct gain since August 3 in the third straight session of gains** Second biggest pct gainer in benchmark Hang Seng Index.HSI, which rises 0.6%** Chief Executive Eddie Wu says Alibaba plans totrain a new artificial intelligence modelwith 5 trillion to 10 trillion parameters, as the Chinese technology giant laid out a sweeping push across AI models, chips and data centres** Company also unveils Zhenwu V900 AI chip, saying it is the most powerful in China with three times the performance of its predecessor** Alibaba's Hong Kong-listed stock down 17.9% YTD, while its US-listed sharesBABA.Ndown 21%, Hang Seng TECH Index.HSTECHdown 18.6%","market":"hk","thumbnail":"","type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260922:nL1N45E02B:1","is_publish_highlight":true,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["FDNI","BKF","09988","CXSE","BABA","89988","KWEB","LDEM"],"isVideo":false,"video":null,"gpt_icon":1},{"id":"1118605088","title":"Alibaba Cloud's Lingjun Zhenwu M890 Supernode Instance GP9A Launches Public Services, Powering Kimi K3 in Stable 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